Nickel Stockpiles on LME Fall to Lowest in Almost Two Years
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Nickel inventories monitored by the London Metal Exchange fell to the lowest level in almost two years on declines in Rotterdam.
Stockpiles dropped 594 metric tons to 105,804 tons, the lowest since Aug. 6, 2009, exchange data showed today. Inventories are down 22 percent this year, heading for a second annual retreat.